Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $35.32 to a high of $36.51. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $35.72 on volume of 2.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Over the past year, Mosaic Co/The has traded in a range of $22.34 to $37.37 and is now at $35.60, 59% above that low. The 200-day and 50-day moving averages have moved 0.46% higher and 0.97% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Mosaic Co/The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mosaic Co/The in search of a potential trend change.
Write to SmarTrend at email@example.com
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup